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AT&T Inc.’s share price up, in talks with DirecTV over an eventual acquisition to expand reach in satellite-TV business

May 1, 2014 8:33 am
According to people with knowledge of the process, who asked not to be identified, the second-largest mobile-phone carrier in the U.S. – AT&T Inc. has approached the satellite-television company DirecTV on the matters of an eventual acquisition. Such a step is considered beneficial to AT&T, because it will provide it with the opportunity to significantly […] Read more

EBay Inc.’s share price down, posts first quarter loss, forecasts sales that trail average analysts’ estimates

April 30, 2014 2:51 pm
EBay Inc., the largest online retailer in the world, posted its forecast for the second quarter of the financial year, saying that it expects to generate a revenue between 4.33 and 4.43 billion dollars. This projection trails the median analysts expectation of a 4.4-billion-dollar revenue. Currently, the company has faced some difficulties while trying to […] Read more

Royal Dutch Shell’s share price up, posts a decreasing first-quarter profit due to higher expenses and lower production

April 30, 2014 11:35 am
The largest oil company in Europe – Royal Dutch Shell Plc made a statement today, saying its profit for the first financial quarter, excluding one-time items and inventory changes, fell by 3% from 7.5 to 7.3 billion dollars, due to increased expenses and amid production drop. The results, however, surpassed the median analysts estimates of […] Read more

Microsoft Corp.’s share price down, releases its Xbox One video-game console on the Chinese market in September through a joint venture

April 30, 2014 8:25 am
Microsoft Corp. made an e-mailed statement yesterday, revealing that it will start offering its Chinese customers the Xbox One video-game console in September this year. This is going to happen about 8 months after the ban imposed by the Chinese regulatory authorities was lifted in January 2014. The ban was imposed by regulators 13 years […] Read more